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2025-08-01 13:54:57
[U.S. CPI and employment data are seen as key to assessing the prospects of the Fed's rate cut] BNP Paribas analysts said in a report that the market will pay close attention to the next four key U.S. data, two CPI reports in July and August and two employment reports, to assess the possibility of the Fed cutting interest rates in September, with the first to be released on Friday's July employment report. These analysts said that investors have so far believed that the worst of the four data will be decisive. This means that as long as one of the four upcoming reports is weak, it will be enough to prompt the Fed to cut interest rates in September. "We believe that this complacent view may change after the July FOMC meeting." The Fed kept interest rates unchanged on Wednesday, in line with expectations.
